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Forex Daily Outlook February 2 2012

Forex Daily Outlook February 2 2012

Unemployment Claims in US and Construction PMI in the UK are the major market-movers. Let see what awaits us today. In the US, Unemployment Claims, monthly indicator to value the unemployment insurance that was filed on the last week, is predicted to drop down from 377K to 373K this week. More in the US, Ben

Forex Daily Outlook February 1 2012

Forex Daily Outlook February 1 2012

ISM Manufacturing PMI in the US and Manufacturing PMI in the UK are the main events today.  Here is an outlook on the market-movers awaiting us. In the US, The Institute for Supply Management (ISM) Manufacturing Purchasing Managers’ Index (PMI); Monthly Managers Survey to value the business conditions such as new orders, deliveries and inventories,

AUD/USD Outlook January 30 – February 3

AUD/USD Outlook January 30 – February 3

The Australian dollar had another outstanding week against the greenback, climbing almost 200 points. The upcoming week is extremely busy, with nine indicators being released. Here is an outlook for the Australian events, and an updated technical analysis for AUD/USD. The US dollar weakened against most major currencies following Bernanke’s announcement that  interest rates will likely remain near zero until late 2014. However,

Forex Daily Outlook – November 1 2011

Forex Daily Outlook – November 1 2011

US ISM Manufacturing PMI and UK housing data are the main events lined up.  Let’s see what awaits us today. In the US, ISM Manufacturing PMI and important Manufacturing activity gauge, increased more than predicted to 51.6 in September after reaching 50.6 inAugust. A further rise to 52.3 is expected now. Later in the US,

AUD/USD Outlook – Oct. 31 – Nov. 4

AUD/USD Outlook – Oct. 31 – Nov. 4

The Aussie had another volatile week that provided quite a few opportunities and it eventually ended it on higher ground. The upcoming week is very busy, with the rate decision being the highlight of 12 events. Here’s an outlook for these events, and an updated technical analysis for AUD/USD. The moderate rise in prices leaves room for

AUD/USD Outlook – August 1-5

AUD/USD Outlook – August 1-5

After breaking to new ground, Aussie traders expect a very busy week. Among the 12 events, the rate decision draws the most attention. Here is an outlook for the Australian events, and an updated technical analysis for AUD/USD. The main drivers of the Australian dollar were fresh quarterly inflation figures. Rising prices mean that rates

Forex Daily Outlook – August 2 2011

Forex Daily Outlook – August 2 2011

Personal Spending in the US and Halifax HPI in the UK are the main events lined up.  Let’s see what awaits us today. In the US, Personal Spending, monthly measurement for the total Spending value, is about to rise to 0.2%. Meanwhile on the Personal Income no change from 0.3% is forecasted. Later in the

Forex Daily Outlook – June 9 2011

Forex Daily Outlook – June 9 2011

Trade Balance in the US and HPI in Canada are the major market-movers. Let see what awaits us today. In the US, Trade Balance, measuring the difference between the value of import and export. Trade deficit reached -48.18 Billion US dollar in March and it is expected to widen to -48.90 billion US dollar

AUD/USD Outlook for May 2-6

AUD/USD Outlook for May 2-6

The Australian dollar continues to lead with another week of significant gains across the board. Is a correction due now? The upcoming week is very busy. The rate decision is highlight amongst 11 events. Here’s an outlook for these events, and an updated technical analysis for AUD/USD. Not only did the Aussie enjoy the weakness

Forex Daily Outlook – January 31 2011

Forex Daily Outlook – January 31 2011

A very busy week ahead us Chicago PMI in the US, Nationwide HPI in the UK, GDP in Canada and much more. .Let’s see what awaits us today. In the US, Chicago Purchasing Managers’ Index (PMI), Survey of purchasing managers in Chicago to rate the relative level of business conditions, indicates expansion with 65.5 points